US won t help Europe solve problems: Obama
US won't help Europe solve problems: Obama

US President Barack Obama has voiced confidence in Europe's ability to tackle its debt crisis.

At the close of the Group of 20 economic summit, he said Europe's leaders showed a "heightened sense of urgency" during two days of talks.

He said Europe had the capacity to solve the crisis on its own, indicating the US would not be offering any financial pledges to help its international partners.

Still, he recognised the challenge European nations faced because each country had to separately approve any action to stabilise the fiscal union.

Mindful of his audience of voters in the US, Obama said: "The best thing the United States can do is to create jobs and growth in the short term even as we continue to put our fiscal house in order over the long term."

The West Australian

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